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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Joey Two-Cents who wrote (8417)5/5/1998 11:20:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 18691
 
I really appreciate the url collections you present on this thread. Thanks.

This does look like Act II for SEA. The impact of this mess on currencies and stock values in those countries was fairly quick. Now, the "real world" consequences are starting to unfold. Layoffs, uptick in crime and suicide. Businesses starting to go under. Economies slowing down. Do you think there is any chance that maybe some of this just might start to have an impact on US equity markets?? Nah, no way.<g>

I have some puts, and given my complete inability to call the near-term movements of this market, hope to leg into some hedged positions. i will buy some cpq at 27.5, same with mu. Will buy some cbr just under 30. Will buy shares equal to 1/2 my long puts. Then, I just need some movement, the more violent the better.

Good Trading

Mike



To: Joey Two-Cents who wrote (8417)5/6/1998 8:52:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 18691
 
JTC: We should see some interesting action here. People are waking up to Asia again. Fear may come back even if it is just a tiny bit.

Pancho